RV a year off or later?

[Luigi1]

What are your thoughts on this topic?

Translation 2:

CBI intensify efforts to delete the zeros of the Iraqi currency

Tuesday 2012/3/13 10: 11 am

Baghdad-a u a: continue to the Central Bank of Iraq project delete zeros of the Iraqi currency.

The Bank adviser said the appearance of Mohamed Saleh. in a statement to radio (Sawa) Tuesday. “the Committee charged with establishing the building blocks of zeros from the currency project deleted in the process of completing its work in Iraq,” he said, adding that the project will be launched early next year.

http://bit.ly/ycX6qF

[gatoraces]

anything is possible here

[Luigi1]

anything is possible here

Agree. Just last week Parliament issued yet another study on the feasability of the raising of the three zeros.

[starlight]

I do not always trust the news media in Iraq. They sometimes report misinformation from various individuals.

[WowLewi]

Have you ever noticed Saleh and Shabibi contradict each other... sometimes in the same week... I'm not saying it's smoke but where there is FIRE there might be smoke.

We all need to be patient. Most of us got into this because we believed it was a low risk, high reward investment.

IMO Iraq is either trying to make themselves look great for the summit with all their late accomplishments or they are preparing for an RV. Either way it bodes well for our investment.

Let's stay positive and not hang on every article. It will happen when (I know some people would rather me substitute the word "if" here) it's meant to happen.

[Luigi1]

I do not always trust the news media in Iraq. They sometimes report misinformation from various individuals.

Agree. A lot of disinformation. Parliament issued another feasability study for the raising of the zeros this late in the game. How many studies do they need?

Have you ever noticed Saleh and Shabibi contradict each other... sometimes in the same week... I'm not saying it's smoke but where there is FIRE there might be smoke.

We all need to be patient. Most of us got into this because we believed it was a low risk, high reward investment.

IMO Iraq is either trying to make themselves look great for the summit with all their late accomplishments or they are preparing for an RV. Either way it bodes well for our investment.

Let's stay positive and not hang on every article. It will happen when (I know some people would rather me substitute the word "if" here) it's meant to happen.

I believe CBI may be trying to discorage money speculators from over purchasing IQD. This may explain conflicting stories coming out of Iraq.

[cbs71]

Have you ever noticed Saleh and Shabibi contradict each other... sometimes in the same week... I'm not saying it's smoke but where there is FIRE there might be smoke.

We all need to be patient. Most of us got into this because we believed it was a low risk, high reward investment.

IMO Iraq is either trying to make themselves look great for the summit with all their late accomplishments or they are preparing for an RV. Either way it bodes well for our investment.

Let's stay positive and not hang on every article. It will happen when (I know some people would rather me substitute the word "if" here) it's meant to happen.

EXACTLY!!!

That's why I have been saying..pay no attention to what Saleh says, but to what Shabibi does! Done!

[Luigi1]

EXACTLY!!!

That's why I have been saying..pay no attention to what Saleh says, but to what Shabibi does! Done!

Shabibi himself, last month, even stated September or early next year.

[Dinar Buddy]

I feel we will hear from Shabibi in September he will start a final set of phases to begin in September, but go until the end of 2013... They need to shake everyone out of the investment. The UST would love nothing more than to shake us all off and secure all outstanding currency at $.10 to the IQD. Then they will trade it in later at a much higher rate. Prepare for the worst. This was never to be exposed, but here we are...

[umbertino]

Agree. Just last week Parliament issued yet another study on the feasability of the raising of the three zeros.

Don''t know why the negs... Ttried to even you out on both posts .

[Luigi1]

I feel we will hear from Shabibi in September he will start a final set of phases to begin in September, but go until the end of 2013... They need to shake everyone out of the investment. The UST would love nothing more than to shake us all off and secure all outstanding currency at $.10 to the IQD. Then they will trade it in later at a much higher rate. Prepare for the worst. This was never to be exposed, but here we are...

Good point. This may just be a smoke screen to discorage more speculators from investing in the IQD.

[truthful1]

Shabibi himself, last month, even stated September or early next year.

they also called for it by the end of 2011.

Lets see , they said september, then may, then september again, and the end of the year. so take your pick, its not like they have their story straight. Opposition to deleting the zeroes has increased based on articles, the closer we get the more we find how much they dont want it. imo this is organized propaganda. i think shabbibi wants the cover of a rd, while he is setting up for a straight rv, and its a brilliant plan

Edited March 16, 2012 by truthful1

[Luigi1]

Lets see , they said september, then may, then september again, and the end of the year. so take your pick, its not like they have their story straight. Opposition to deleting the zeroes has increased based on articles, the closer we get the more we find how much they dont want it. imo this is organized propaganda. i think shabbibi wants the cover of a rd, while he is setting up for a straight rv, and its a brilliant plan

That is a strong posibility. Many times we heard one story & a complete change around the following day.

[truthful1]

That is a strong posibility. Many times we heard one story & a complete change around the following day.

Yes we have. its very confusing. yet i ask myself, why are they not consistent??? it would be real easy to lay the changes out on the cbis website, so everyone can see what will happen. Why dony they show a chart for the currency, you know 25,000 =25, 10,000=10,and so on. it would be very simple and easy, yet they dont......

imo theres no doubt the deleting the zeroes articles mean rd. Thats what they want us to think.....but what are they really doing??.......they are preparing smart cards, debt reduction, talks of dinar being accepted for oil payments, and so on. they are preparing before they release the currency. for a simple rd.....they could of done that a couple years ago or at any time when inflation was at its lowest point. why would they let inflation skyrocket before a rd, they wouldnt imo.....the perfect timing for a rd has passed.

Edited March 16, 2012 by truthful1

[wookie]

I just cannot see the RV happening before the end of 2013, but I keep praying it will pop long before then.

[Luigi1]

I just cannot see the RV happening before the end of 2013, but I keep praying it will pop long before then.

Agree. The end of the month sounds good to me.

[truthful1]

My prediction is the last week in may- the first week in june. a precursor to the release of ch 7 in mid june. just a few weeks earlier as if not to show ch 7 pressure caused the rv. i think the impression to the world will be iraq decided on their own, as the decision was not made by the imf, un, or any other entity or country.

Edited March 16, 2012 by truthful1

[NWGUY]

They need this, like they need oxygen! We need to sit back, and let it happen, and it will happen this year!

JMHO

Go RV!!!

[Nelg]

Most of the "stuff" coming out of the CBI from M/Saleh can be read and forgotten. I think he is their Mystic of Mirrors. In fact, most of the articles coming from CBI can be ignored. Save me of a lot of confusion.

[Luigi1]

My prediction is the last week in may- the first week in june. a precursor to the release of ch 7 in mid june. just a few weeks earlier as if not to show ch 7 pressure caused the rv. i think the impression to the world will be iraq decided on their own, as the decision was not made by the imf, un, or any other entity or country.

I'm with you but it may take more than a C7 release to make it all happen.

They need this, like they need oxygen! We need to sit back, and let it happen, and it will happen this year!

JMHO

Go RV!!!

May you be 100% right. Let's end this ride.

Most of the "stuff" coming out of the CBI from M/Saleh can be read and forgotten. I think he is their Mystic of Mirrors. In fact, most of the articles coming from CBI can be ignored. Save me of a lot of confusion.

Agree. Valid point you bring up.

[WowLewi]

DinarBUddy,

As positive as i am on this investment I to can't stop from thinking that Iraq will try to recover as much IQD as they can.

Now here is where I get negged but think about it... I think there would be a Plan A and Plan B regarding the UST.

OBAMA: It would benefit him in the long run to have the UST absorb as much IQD as possible because the socialist (I wouldn't dare refer to him as a socialist - well we still have freedom of speech - for now - kind of) So, anyways... the socialist playbook is to bring the economy down to it's knees so the citizens become more accepting of stringent regulations, taxes and big brother. The additional taxes recovered from citizens that cashed in would mean nothing in his big picture... No this is not a conspiracy theory... do some research. I don't have a political agenda here.

A true American: Would want the citizens to prosper understanding that a country that thrives raises more taxes by virtue of volume than not. FREE people spend more..... BUT the government has less control. I hope we have a "True American" running come election time.

You decide what makes more sense.

Lewis

[Choppermike]

What are your thoughts on this topic?

Translation 2:

CBI intensify efforts to delete the zeros of the Iraqi currency

Tuesday 2012/3/13 10: 11 am

Baghdad-a u a: continue to the Central Bank of Iraq project delete zeros of the Iraqi currency.

The Bank adviser said the appearance of Mohamed Saleh. in a statement to radio (Sawa) Tuesday. “the Committee charged with establishing the building blocks of zeros from the currency project deleted in the process of completing its work in Iraq,” he said, adding that the project will be launched early next year.

http://bit.ly/ycX6qF

Clearly a misdirect.

[thatoneguy]

Agree. A lot of disinformation. Parliament issued another feasability study for the raising of the zeros this late in the game. How many studies do they need?

I believe CBI may be trying to discorage money speculators from over purchasing IQD. This may explain conflicting stories coming out of Iraq.

YES! And I was under the impression that Shabbs and the CBI were in control of monetary policy?

And investment discouragement I agree with. $250 million being sold daily is a LOT of money. Converted to dinars, that surely dents the reported tens of trillions that are in circulation.

Shabbs is a sharp cat. Our patience comes with a price, IMO. Hang tight, we're destined to be the envy of the "man i should've..." crowd.

[Luigi1]

DinarBUddy,

As positive as i am on this investment I to can't stop from thinking that Iraq will try to recover as much IQD as they can.

Now here is where I get negged but think about it... I think there would be a Plan A and Plan B regarding the UST.

OBAMA: It would benefit him in the long run to have the UST absorb as much IQD as possible because the socialist (I wouldn't dare refer to him as a socialist - well we still have freedom of speech - for now - kind of) So, anyways... the socialist playbook is to bring the economy down to it's knees so the citizens become more accepting of stringent regulations, taxes and big brother. The additional taxes recovered from citizens that cashed in would mean nothing in his big picture... No this is not a conspiracy theory... do some research. I don't have a political agenda here.

A true American: Would want the citizens to prosper understanding that a country that thrives raises more taxes by virtue of volume than not. FREE people spend more..... BUT the government has less control. I hope we have a "True American" running come election time.

You decide what makes more sense.

Lewis

You are exactly right. CBI is holding fewer auctions. IQD will become harder to get as we near the RV & They are hanging on to foreign reserves building up to the RV. They may still have a ways to go in preparation of the day.